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<h3 id="tether-dominates-brazil-s-crypto-market-transactions">Tether Dominates Brazil’s Crypto Market Transactions</h3><p>Stablecoin <a href="https://www.coingabbar.com/en/crypto-currency-news/major-tether-laundering-ring-busted-in-china-twenty-one-arrested" rel="noopener noreferrer nofollow">Tether </a>(USDT) has acquired significant traction in Brazil. It represents 80% of the country’s cryptocurrency transactions.</p><p>USDT transactions in Brazil reached $271 billion Brazilian reais, surpassing Bitcoin transactions. Brazil’s revenue service firm uses advanced AI-based tracking to monitor crypto activities and recently charged taxes on overseas <a href="https://www.coingabbar.com/en/crypto-currency-news/lastpass-hack-led-to-draining-from-crypto-account-holders" rel="noopener noreferrer nofollow">crypto </a>investments.</p><p>To know more about crypto news, visit: <a href="https://www.coingabbar.com/en/crypto-shorts-news" rel="noopener noreferrer nofollow">coingabbar</a></p>

Tether Dominates Brazil's Crypto Transactions, Striking Bitcoin

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